#388 – Derek Streat, CEO/Founder & Chairman of DexCare

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Episode Details

Join us on the latest episode! Our Guest: Derek Streat, CEO/Founder & Chairman of DexCare

What you’ll get out of this episode:

  • DexCare’s Mission: Overview of the platform’s aim to provide exceptional healthcare access, driven by CEO Derek Streat’s personal experience.
  • Data-Driven Decisions: How DexCare uses data analytics to improve healthcare outcomes.
  • Depth-Focused Strategy: DexCare prioritizes deepening existing solutions rather than superficial expansion.
  • Oncology Partnership: Spotlight on collaboration with CHN and MD Anderson to innovate in the oncology space.
  • What’s Next: Future directions, including broadening depth across multiple healthcare categories and continuous innovation.

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The Future of Healthcare: An Interview with Derek Streat, CEO of DexCare

The healthcare industry has been undergoing a significant transformation, fueled by technology and the need to better serve the increasing demands of the patient community. While the road ahead is still long, companies like DexCare are striving to bridge the gap between the healthcare providers and consumers. In a recent podcast interview, Jared S. Taylor spoke with Derek Streat, CEO of DexCare, to get insights into the company’s vision and the challenges they face in revolutionizing healthcare access.

The Inspiration Behind DexCare

Derek, like many entrepreneurs, was personally touched by the limitations of the existing healthcare infrastructure. “I got into healthcare because we had some pretty significant health breakdowns in our family,” he mentioned. This personal experience triggered Derek to focus his career on healthcare solutions.

What is DexCare?

DexCare is an access optimization platform that offers exceptional access to healthcare through better decision-making and intelligence. The company focuses on bridging the gap between patients, healthcare providers, and health systems. The platform seeks to understand patient intent, provider capabilities, and system needs to make intelligent decisions about matching patients with appropriate healthcare settings and services.

The Vision and The Future

When asked about what excites him the most about the future of DexCare, Derek provided a well-thought-out response:

“Well, I am most excited about delivering on this vision. It’s a bit of a broken record, I know. But what’s next is to continue to climb that mountain to deliver this exceptional access,” Derek says. “Now, when you double-click on it, it means better decisioning, more intelligent decisioning. We don’t have to increase the breadth of what we’re doing; it’s about depth in those areas.”

Derek further elaborated on how DexCare aims to improve healthcare access by focusing on more specialized disease categories and leveraging data for better decision-making.

“We’re doing it right if we never touch bottom,” Derek added, emphasizing the never-ending pursuit for improving healthcare solutions. He specifically mentioned exciting upcoming work in the oncology space in collaboration with CHN in Indiana and their partner, MD Anderson.

In conclusion, Derek’s vision for DexCare is focused on increasing the depth of how healthcare access can be bettered. The long-term goal is to use predictive models that can foresee patient outcomes years down the road, based on intelligent data processing and decision-making today.

Slice of Healthcare Wrap Up

As Jared put it, the insights that Derek Streat shared about DexCare and the future of healthcare access were nothing short of enlightening. We hope to see companies like DexCare continue to work on these challenges and look forward to the positive changes they will bring to healthcare.

 


WORD FROM OUR SPONSORS:

Our sponsors for this episode are Sage Growth PartnersFlipMD by GoodRX and Quantum Health

 

Sage Growth Partners accelerates commercial success for healthcare organizations through a singular focus on growth. The company helps its clients thrive amid the complexities of a rapidly changing marketplace with deep domain expertise and an integrated application of research, strategy, and marketing. For more information, please go to www.sage-growth.com & follow Sage Growth Partners on social media – @sagegrowthpartners

GoodRX

GoodRx is a company that operates a platform and mobile application providing information and discounts on prescription drugs. It was founded in 2011 with the aim of helping consumers save money on their medication costs. GoodRx acts as a bridge between consumers, pharmacies, and pharmaceutical companies.

The primary function of GoodRx is to aggregate and compare prices of prescription drugs from various pharmacies across the United States. They gather pricing information for both generic and brand-name medications, allowing users to find the most affordable options available to them. The platform provides users with details about drug prices, discounts, and savings opportunities at different pharmacies in their local area.

For more information, please go to https://www.goodrx.com/ & follow FlipMD on social media – @goodrx

Quantum Health is an award-winning consumer healthcare navigation company that delivers an unparalleled consumer experience based on empathy and trust, enabling employers to achieve industry-leading satisfaction rates and independently validated claim savings. Launched in 1999, Quantum Health’s model is based on years of consumer research and the insights learned from guiding millions of consumers and their providers through their healthcare journey. Visit: https://quantum-health.com/ and follow Quantum health on social media – @Quantum Health

To learn more about DexCare please use the links below:

DexCare’s LinkedInDexCare’s Website


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